We want you to realize that there are solutions to your situation, regardless of what you might be thinking or may have been told by others. Your lender is not looking for an excuse to foreclose. The truth is most lenders would rather have you keep your home and keep making payments each month. You are not alone. Thousands of people across Wisconsin have similar issues with their mortgages every year.
The most important key to resolving your situation is being proactive. Even if your mortgage payments are just a few months behind, your lender has probably already started foreclosure proceedings against you. Doing nothing is the fast track to foreclosure. Thousands of dollars in penalties and legal fees may be added to your balance due. The longer you wait, the harder it is for us keep foreclosure off of your records.
You may have heard of a transaction called a short sale. This is just one tool that Rock Realty uses to help home owners keep foreclosure off of their credit. With a short sale, sellers avoid having to go through a lengthy foreclosure process and prevent the impact of a foreclosure on their credit score.
A short sale occurs when a lender agrees to take less than the amount owed to payoff a loan as an alternative to foreclosure. Lenders know that it will cost them a significant amount of money to take a property back. So, a short sale can actually be good for them.
Our first priority is to help homeowners overcome the obstacles that could result in the loss of their home. We specialize in helping homeowners who have fallen behind on their mortgage payments or have another hardship like job loss, divorce or medical issues. We've helped people all across Dane County and Rock County. You deserve a fresh start. If you are facing the possibility of foreclosure and you live in South-Central Wisconsin, we can help you.
We can look at your unique situation and offer advice.
Click here for a free SHORT SALE HOME EVALUATION